Hudson Pacific Expands and Enhances Studio Platform with Acquisition of Quixote Studios

Sep 01, 2022

Hudson Pacific Properties, Inc. (NYSE: HPP) a unique provider of end-to-end real estate solutions for tech and media tenants,today announced the acquisition of Quixote Studios, a leading provider of sound stages and production services to the entertainment industry, for $360 million before closing costs. Quixote rents sound stages, cast trailers, trucks, grip and lighting and other equipment essential for content production. With its diverse studio offerings, Quixote supports a wide range of high-quality productions including long-form television and feature film, as well as short-form content such as high-end photo shoots and commercials. Hudson Pacific expects the transaction will be immediately accretive to its financial results.

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